Bank of America Corp (BAC)

29.00 -0.03  -0.10% NYSE Nov 27, 09:49 USD

Bank of America Profit Margin (Quarterly):

24.00% for Sept. 30, 2020
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Historical Profit Margin (Quarterly) Data

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Export Data Date Range:
Data for this Date Range  
Sept. 30, 2020 24.00%
June 30, 2020 15.82%
March 31, 2020 17.61%
Dec. 31, 2019 31.29%
Sept. 30, 2019 25.33%
June 30, 2019 31.83%
March 31, 2019 31.78%
Dec. 31, 2018 32.09%
Sept. 30, 2018 31.54%
June 30, 2018 30.09%
March 31, 2018 29.99%
Dec. 31, 2017 11.70%
Sept. 30, 2017 24.84%
June 30, 2017 22.37%
March 31, 2017 23.99%
Dec. 31, 2016 23.07%
Sept. 30, 2016 22.90%
June 30, 2016 22.47%
March 31, 2016 16.70%
Dec. 31, 2015 17.12%
Sept. 30, 2015 22.00%
June 30, 2015 23.38%
March 31, 2015 14.81%
Dec. 31, 2014 17.36%
Sept. 30, 2014 -1.09%
   
June 30, 2014 10.71%
March 31, 2014 -1.27%
Dec. 31, 2013 16.37%
Sept. 30, 2013 12.27%
June 30, 2013 18.20%
March 31, 2013 6.55%
Dec. 31, 2012 4.08%
Sept. 30, 2012 1.68%
June 30, 2012 11.40%
March 31, 2012 3.04%
Dec. 31, 2011 11.50%
Sept. 30, 2011 21.84%
June 30, 2011 -73.13%
March 31, 2011 8.04%
Dec. 31, 2010 -6.21%
Sept. 30, 2010 -27.58%
June 30, 2010 11.78%
March 31, 2010 9.96%
Dec. 31, 2009 -0.93%
Sept. 30, 2009 -3.81%
June 30, 2009 11.57%
March 31, 2009 12.16%
Dec. 31, 2008 -9.98%
Sept. 30, 2008 5.64%
June 30, 2008 16.79%

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Profit Margin Definition

Profit Margin is calculated using Net Income/Revenue. This metric measures the overall efficiency of a company in being able to turn revenue into profit. An analyst looking at profit margin might look for a higher profit margin relative to other comparable companies as well as a profit margin that is growing.

Read full definition.

Profit Margin (Quarterly) Benchmarks

PNC Financial Services Group Inc 35.48%
U.S. Bancorp 26.60%
Citigroup Inc 18.67%

Profit Margin (Quarterly) Range, Past 5 Years

Minimum 11.70% Dec 2017
Maximum 32.09% Dec 2018
Average 24.33%
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